Settings8H · net · $10k
Funding arb · Price arb /

BULLA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0298%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h −0.187%
Price spread now: Gate against BingX+0.354%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$447as in the Funding arb table
Net, price: spread back to 7d avg − costs−$460as in the Price arb table
costs, in and out, $10k−$4824.824% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.358%+$36 on $10k
Price spread, last 7 days−0.073%−$7 · spread now +0.354%, 7d avg +0.132%
Together, before fees+0.285%+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.223% dearer against BingX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BULLA-USDT0.10780.1456pay 0.0728% / 4h1h 31m$6.6M
ShortGate BULLA_USDT0.10820.1754get 0.0877% / 4h1h 31m$1.3M$316K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$62.58
Price spread: +0.354% → +0.132%
$22.25
Slippage, 4 orders
−$457.44
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$397.61
Costs to cover
4.824%
Break-even
51.5 days
Slippage from BingX: live order book, 5 min ago; Gate: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago2.78 bp38.9 bp −$39238.1 bp −$2,381doesn't fitdoesn't fit
Sell Gate live order book, just now1.94 bp145.6 bp −$146doesn't fitdoesn't fitdoesn't fit

BULLA on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BULLAUSDT+0.0125%4h0.1076−0.192%$6.0M$1.1M5xas long as short
BingX BULLA-USDTlong+0.1456%4h0.1078long leg$6.6M
MEXC BULLA_USDT+0.1548%4h0.1078−0.019%$7.8M$405K20xas long as short
Binance BULLAUSDT+0.1551%4h0.1078+0.001%$12.0M$9.7M10xas long as short
Gate BULLA_USDTshort+0.1754%4h0.1082+0.354%$1.3M$316K10x